ReportWire

Tag: iab-technology industry

  • Microsoft unveils revamped Bing search engine using AI technology more powerful than ChatGPT | CNN Business

    Microsoft unveils revamped Bing search engine using AI technology more powerful than ChatGPT | CNN Business

    [ad_1]


    Seattle
    CNN
     — 

    Microsoft on Tuesday announced a revamp of its Bing search engine and Edge web browser powered by artificial intelligence, weeks after it confirmed plans to invest billions in OpenAI, the company behind ChatGPT.

    With the updates, Bing will not only provide a list of search results, but will also answer questions, chat with users and generate content in response to user queries, Microsoft said at a press event at its Redmond, Washington headquarters.

    The updates come as the viral success of ChatGPT has sparked a wave of interest in AI chatbot tools. Multiple tech giants are now competing to deploy similar tools that could transform the way we draft e-mails, write essays and search for information online. A day before the event, Google announced plans to roll out its own artificial intelligence tool similar to ChatGPT in the coming weeks.

    In partnership with OpenAI, Bing will run on a more powerful large language model than the one that underpins ChatGPT. These models are trained on vast troves of online data in order to generate responses to user prompts and queries.

    “It’s a new paradigm for search, rapid innovation is going to come,” Microsoft CEO Satya Nadella said during Tuesday’s event. “In fact, a race starts today … everyday we want to bring out new things, and most importantly, we want to have a lot of fun innovating in search because it’s high time.”

    The updated Bing is expected to be made available for the public to try on Tuesday for limited queries, with a small group of users having unlimited access. The company said full access will roll out to millions of users in the coming weeks, and it also hopes to implement the tools into other web browsers in the future.

    Sam Altman, co-founder and CEO of OpenAI, said his company’s goal is “to make the benefits of AI to as many people as possible.” That, he said, is “why we worked with Microsoft.”

    Microsoft, an early investor in OpenAI, said last month it plans to expand its existing partnership with the company as part of a greater effort to add more artificial intelligence to its suite of products. In a separate blog post, OpenAI said the multi-year investment will be used to “develop AI that is increasingly safe, useful, and powerful.”

    “This technology is going to reshape pretty much every software category that we know,” Nadella said Tuesday.

    The tech giant had already said it would incorporate ChatGPT into products, including its cloud computing platform Azure.

    “While Bing today only has roughly 9% of the search market, further integrating this unique ChatGPT tool and algorithms into the Microsoft search platform could result in major share shifts away from Google and towards Redmond down the road,” Dan Ives, an analyst with Wedbush, said in an investor note on Monday about the upcoming event.

    With the new Bing, a user could search for TVs to buy in a new way. Once the results come up, the user can click to the chat section and ask Bing for additional information, such as which TVs are best for gaming and which are the least expensive.

    The tool could also create a vacation itinerary for a family in a certain city, and then generate an email with that itinerary for the user to send around to their family. It could even translate the email into other languages if necessary.

    When the tool generates written answers, it will provide references for the sources of information and links to click through to the original source from the web.

    “With answers, we go far beyond what Search can do today,” said Yusuf Mehdi, Microsoft’s vice president and consumer chief marketing officer.

    The updated Microsoft Edge browser will have the Bing capabilities built in, allowing users to chat with the search tool on the side of a web page, to ask questions about the page or compare it with content from across the web. It could also, for example, help users draft a post on Microsoft-owned LinkedIn on a certain topic. The company describes the new capabilities as a sort of “co-pilot” to help users navigate the web.

    Many have speculated the AI technology behind ChatGPT could cause a massive shake-up in the online search industry. In the two months since it launched to the public, the viral tool has been used to generate essays, stories and song lyrics, and to answer some questions one might previously have searched for on Google or other search engines.

    Microsoft's updated Bing search engine revealed at a news event at Microsoft's Washington headquarters on February 8.

    The immense attention on ChatGPT in recent weeks reportedly prompted Google’s management to declare a “code red” situation for its search business. On Monday, Google unveiled a new chatbot tool dubbed “Bard” in an apparent bid to compete with the viral success of ChatGPT.

    Sundar Pichai, CEO of Google and parent company Alphabet, said in a blog post that Bard will be opened up to “trusted testers” starting Monday, with plans to make it available to the public in the coming weeks.

    “Bard seeks to combine the breadth of the world’s knowledge with the power, intelligence and creativity of our large language models … It draws on information from the web to provide fresh, high-quality responses,” Pichai wrote.

    While AI tools like ChatGPT are rapidly gaining traction among both users and tech companies, they’ve also raised some concerns, including about their potential to perpetuate biases and spread misinformation.

    Microsoft executives acknowledged the potential shortcomings of its new tool.

    “We know we wont be able to answer every question every single time,” Mehdi said. “We also know we’ll make our share of mistakes, so we’ve added a quick feedback button at the top of every search, so you can give us feedback and we can learn.”

    Executives said the tool is trained in part by sample conversations mimicking bad actors who might want to exploit the tool.

    “With a technology this powerful,” said responsible AI lead Sarah Bird, “I also know that we have an even greater responsibility to make sure that it’s developed, deployed and used properly.”

    [ad_2]

    Source link

  • Chinese search engine giant Baidu announces ChatGPT-style AI bot | CNN Business

    Chinese search engine giant Baidu announces ChatGPT-style AI bot | CNN Business

    [ad_1]


    Hong Kong
    CNN
     — 

    Chinese search engine giant Baidu says it will be launching its own ChatGPT-style service.

    It will launch a new artificial intelligence chatbot called “Wenxin Yiyan” in Chinese, or “Ernie Bot” in English, a spokesperson told CNN on Tuesday.

    Baidu

    (BIDU)
    is currently testing the project internally and will likely roll out the service to users in March, the person said.

    The company did not provide further details, such as how the tool would look or whether it would appear as a feature within its popular search engine.

    Baidu’s AI investments can be seen as “both an offensive and defensive strategic move in China,” Daniel Ives, managing director of Wedbush Securities, told CNN. “Chinese Big Tech is battling in this AI race, with Baidu [being] a key player.”

    The news follows Google’s announcement Monday that it would unveil a new chatbot tool dubbed “Bard” in an apparent bid to compete with the viral success of ChatGPT.

    In a blog post, Google

    (GOOGL)
    CEO Sundar Pichai said Bard was opened up to “trusted testers” starting Monday, with plans to make it available to the public “in the coming weeks.”

    Like ChatGPT, which was released publicly in late November by AI research company OpenAI, Bard is built on a large language model.

    These models are trained on vast troves of data online in order to generate compelling responses to user prompts.

    In the two months since it launched, ChatGPT has been used to generate essays, stories and song lyrics, and to answer some questions one might previously have searched for on Google.

    Microsoft

    (MSFT)
    , too, is investing billions of dollars in OpenAI. Details of the investment are set to be announced later on Tuesday, with the tie-up estimated to be in the $10 billion range, according to Ives.

    The deal “is a game changer in our opinion for Nadella & Co as the ChatGPT bot is one of the most innovative AI technologies in the world today,” he wrote in a Monday note, referring to Microsoft CEO Satya Nadella.

    — CNN’s Catherine Thorbecke and Juliana Liu contributed to this report.

    [ad_2]

    Source link

  • Google unveils its ChatGPT rival | CNN Business

    Google unveils its ChatGPT rival | CNN Business

    [ad_1]



    CNN
     — 

    Google on Monday unveiled a new chatbot tool dubbed “Bard” in an apparent bid to compete with the viral success of ChatGPT.

    Sundar Pichai, CEO of Google and parent company Alphabet, said in a blog post that Bard will be opened up to “trusted testers” starting Monday, with plans to make it available to the public “in the coming weeks.”

    Like ChatGPT, which was released publicly in late November by AI research company OpenAI, Bard is built on a large language model. These models are trained on vast troves of data online in order to generate compelling responses to user prompts.

    “Bard seeks to combine the breadth of the world’s knowledge with the power, intelligence and creativity of our large language models,” Pichai wrote. “It draws on information from the web to provide fresh, high-quality responses.”

    The announcement comes as Google’s core product – online search – is widely thought to be facing its most significant risk in years. In the two months since it launched to the public, ChatGPT has been used to generate essays, stories and song lyrics, and to answer some questions one might previously have searched for on Google.

    The immense attention on ChatGPT has reportedly prompted Google’s management to declare a “code red” situation for its search business. In a tweet last year, Paul Buchheit, one of the creators of Gmail, forewarned that Google “may be only a year or two away from total disruption” due to the rise of AI.

    Microsoft, which has confirmed plans to invest billions OpenAI, has already said it would incorporate the tool into some of its products – and it is rumored to be planning to integrate it into its search engine, Bing. Microsoft on Tuesday is set to hold a news event at its Washington headquarters, the topic of which has yet to be announced. Microsoft publicly announced the event shortly after Google’s AI news dropped on Monday.

    The underlying technology that supports Bard has been around for some time, though not widely available to the public. Google unveiled its Language Model for Dialogue Applications (or LaMDA) some two years ago, and said Monday that this technology will power Bard. LaMDA made headlines late last year when a former Google engineer claimed the chatbot was “sentient.” His claims were widely criticized in the AI community.

    In the post Monday, Google offered the example of a user asking Bard to explain new discoveries made by NASA’s James Webb Space Telescope in a way that a 9-year-old might find interesting. Bard responds with conversational bullet-points. The first one reads: “In 2023, The JWST spotted a number of galaxies nicknamed ‘green peas.’ They were given this name because they are small, round, and green, like peas.”

    Bard can be used to plan a friend’s baby shower, compare two Oscar-nominated movies or get lunch ideas based on what’s in your fridge, according to the post from Google.

    Pichai also said Monday that AI-powered tools will soon begin rolling out on Google’s flagship Search tool.

    “Soon, you’ll see AI-powered features in Search that distill complex information and multiple perspectives into easy-to-digest formats, so you can quickly understand the big picture and learn more from the web,” Pichai wrote, “whether that’s seeking out additional perspectives, like blogs from people who play both piano and guitar, or going deeper on a related topic, like steps to get started as a beginner.”

    If Google does move more in the direction of incorporating an AI chatbot tool into search, it could come with some risks. Because these tools are trained on data online, experts have noted they have the potential to perpetuate biases and spread misinformation.

    “It’s critical,” Pichai wrote in his post, “that we bring experiences rooted in these models to the world in a bold and responsible way.”

    [ad_2]

    Source link

  • Samsung unveils Galaxy S23 lineup with powerhouse camera | CNN Business

    Samsung unveils Galaxy S23 lineup with powerhouse camera | CNN Business

    [ad_1]



    CNN
     — 

    At its annual Unpacked event on Wednesday, Samsung unveiled its latest Galaxy S smartphones – and the company is betting that focusing on improvements to the camera will be enough to get consumers to upgrade.

    The new lineup, which includes the 6.8-inch Galaxy S23 Ultra, 6.6-inch Galaxy S23+, and 6.1-inch Galaxy S23, look similar to last year’s models, but with new photo features, a longer lasting battery life (with faster charging speeds) and an exclusive chip.

    But the standout feature is the new camera. The higher-end S23 Ultra features a new 200 MP adaptive pixel sensor for the first time that supports multiple levels of high-resolution processing at once, enabling what the company called “unprecedented resolution photo quality never before seen on a smartphone camera.”

    The new phones offer improved photo and video stabilization, Nightography for photos and videos (allowing the ability to capture shots in low light situations) and a new AI-powered image signal processing algorithm that enhances object details and color tone.

    Samsung also introduced its first Super HDR selfie camera, jumping from 30 frames per second to 60 frames per second, for better front-facing images and videos.

    The cameras on the Galaxy S23+ and Galaxy S23 even have a subtle new look: the contour housing has been removed, which Samsung said marks a new era of design. The Galaxy S23 Ultra’s display comes with a reduced curvature to create a larger and flatter surface intended to improve the visual experience. Its Enhanced comfort feature allows users to adjust color tones and contrast levels, and lessen eye strain at night. Its vision booster tool also got an update to further cut down on glare.

    Ahead of the event, Jude Buckley, executive VP of the mobile business for Samsung Electronics America, told CNN its strategy continues to be staying at the forefront of camera innovation.

    “We try to own a few things really uniquely, and the camera is one of the things that we have to stay well ahead of,” he said.

    The launch comes at as Samsung and other tech companies confront broader economic uncertainty that could push consumers to rethink their spending. Global smartphone shipments fell by 18% in the fourth quarter of 2022, according to market research firm Canalys.

    Earlier this week, Samsung reported that its quarterly profits had plunged to their lowest level in eight years as customers snapped up fewer smartphones and laptops. Its revenue also fell 8% from the prior year.

    While the company is keeping prices the same as the prior year, it nonetheless must convince customers to shell out as much as four figures for its new phone lineup in a tough market.

    Galaxy S23 Ultra, which comes with Samsung’s signature S pen, will start at $1,199.99, while the Galaxy S23+ starts at $999.99 and Galaxy S23 starts at $799.99.

    The new lineup, which is available for pre-order starting on Wednesday, comes in four matte colors: black, cream, green and lavender. Other colors, such as lime, graphite, sky blue and red, will be available for purchase directly on Samsung.com.

    The company also showed off its latest flagship PC Galaxy Book3 series: the high-end Galaxy Book3 Ultra ($2,399.99); the Book3 Pro 360 ($1899.99) – featuring a 2-in-1 convertible form factor with S Pen functionality; and the Galaxy Book3 Pro ($1449), a thin clamshell laptop.

    While the new features in the S23 lineup may not be revolutionary, some may resonate with its loyal users and keep Samsung competitive in the market.

    “The Galaxy S23 family demonstrates just how hard it is to tell a new story in today’s smartphone market,” said Leo Gebbie, principal analyst at CCS Insight. “The latest devices from Samsung are undoubtedly impressive but the emphasis on improvements to camera capabilities and battery life is nothing new. They underscore the difficulty that Samsung and other phone makers have in finding genuinely new ways to promote and sell their products.”

    David McQueen, an research director at ABI Research, said manufacturers continue to dole out incremental updates, rather than waiting two years to release a new impactful device, because “the market moves so quickly now.”

    “Companies need to be seen to be providing new devices with the latest technology, no matter how unnoticeable the upgrade, to survive,” he said.

    Samsung agrees. Buckley told CNN that while some updates are bigger than others, it has to stay on top of the latest trends to remain competitive.

    “Our heritage is technology, and we have a very fierce competitor who has done an amazing job over many, many years,” Buckley said, in an apparent reference to Apple. “And if your technology, if your value proposition is based in technology, you’ve always gotta be at the forefront. If you were the first to go to every two years, that’d be a painful two years.”

    [ad_2]

    Source link

  • Dell to lay off more than 6,500 employees | CNN Business

    Dell to lay off more than 6,500 employees | CNN Business

    [ad_1]



    CNN
     — 

    Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech companies cutting costs in an uncertain economic climate.

    Dell has about 133,000 employees, the company told CNN. At that level, the 5% cut would represent more than 6,500 employees.

    The computing giant cited the “challenging global economic environment” for the cuts. In a letter to employees, Jeff Clarke, Dell’s vice chairman, said steps the company has already taken — such as restrictions on employee travel and a pause on external hiring — are insufficient.

    “What we know is market conditions continue to erode with an uncertain future,” Clarke told employees. “The steps we’ve taken to stay ahead of downturn impacts – which enabled several strong quarters in a row – are no longer enough. We now have to make additional decisions to prepare for the road ahead.”

    The move comes as layoffs continue to spread throughout the tech industry. Amazon, Microsoft, Google and others have each announced plans to cut thousands of workers as the companies adapt to shifting pandemic demand and fears of a looming recession.

    Dell has also been grappling with reduced demand for personal computers.

    Consulting firm Gartner said last month that worldwide PC shipments fell more than 28% in the fourth quarter of 2022 compared to the same period the prior year. This marked the largest quarterly shipment decline since Gartner began tracking the PC market in the mid-90s.

    Dell, in particular, saw a 37% decline in PC vendor unit shipments during the final three months of 2022 compared to the year prior, according to Gartner.

    [ad_2]

    Source link

  • Foxconn January sales hit record high after production restored at world’s biggest iPhone factory | CNN Business

    Foxconn January sales hit record high after production restored at world’s biggest iPhone factory | CNN Business

    [ad_1]


    Hong Kong
    CNN
     — 

    Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back from Covid-19 disruptions in China.

    In a sales update on Sunday, the Taiwanese manufacturing giant reported revenue of 660.4 billion Taiwan dollars ($22 billion) in January, 48% more than the same period a year ago and its highest-ever level for that month. Revenue was up nearly 5% compared to the previous month.

    The manufacturer attributed its performance to a strong rebound at its sprawling campus in Zhengzhou, central China.

    The site, which is home to the world’s biggest iPhone factory, was crippled late last year by Covid-19 restrictions and workers’ protests.

    Now, operations there are “returning to normal,” and product shipments have jumped, Foxconn said.

    The company also said a “better components supply” helped boost sales.

    Two of Foxconn’s most-watched divisions: smart consumer electronics, which includes smartphones and televisions, and computing products, which includes laptops and tablets, both “showed strong double-digit growth,” it said.

    The figures underscore how Foxconn’s Zhengzhou campus, also known as “iPhone city,” is roaring back to life after the massive setbacks.

    The company’s troubles started in October, when workers left the site because of concerns about Covid-related working conditions and shortages of food. Short on staff, bonuses were later offered to workers to return.

    But violent protests broke out in November, when newly-hired staff said management had reneged on their promises. Workers clashed with security officers, before the company eventually offered them cash to quit and leave the site.

    The headaches had led analysts to predict that Apple would likely speed up its supply chain diversification away from China.

    Last week, Apple

    (AAPL)
    pointed to challenges in China as a key factor in its worse-than-expected earnings.

    CEO Tim Cook said the company’s problems in the country had hurt its supply of the iPhone 14 Pro and iPhone 14 Pro Max during the key holiday shopping season.

    Foxconn has since managed to stabilize operations at its facility. Last month, Chinese state media reported that the Zhengzhou plant was almost back to normal, reaching 90% of capacity as of the end of December.

    The company also expressed confidence for the road ahead. On Sunday, it said in a statement that its outlook for the first quarter would likely meet analysts’ expectations, without providing specifics. Analysts polled by Refinitiv expect the firm’s revenue to grow 4% during the January-to-March period.

    Foxconn’s shares rose 1.9% in Taipei on Monday.

    — CNN’s Wayne Chang and Juliana Liu contributed to this report.

    [ad_2]

    Source link

  • Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC | CNN Business

    Judge reportedly allows Meta to move forward with VR startup acquisition, in blow to FTC | CNN Business

    [ad_1]



    CNN
     — 

    A federal judge will not block Meta from buying a virtual reality tech startup, according to multiple reports, in a setback for the US government, which had alleged the deal would threaten competition in a nascent market.

    Tuesday’s decision, issued by the US District Court for the Northern District of California, is sealed. But according to The Wall Street Journal and The New York Times, the contents of the decision dealt Meta a victory by denying the US government’s request for a preliminary injunction that would have prevented the acquisition from closing. The New York Times cited two people with knowledge of the matter and the Wall Street Journal cited one person familiar with the ruling.

    CNN has not independently confirmed the contents of the court’s decision. The Federal Trade Commission, which had sued to block the deal last summer, declined to comment. Meta declined to comment, and several outside attorneys for the company didn’t immediately respond to requests for comment.

    The closely watched case involves Meta’s purchase of Within Unlimited, a virtual reality company and maker of a VR fitness app called “Supernatural.” The FTC’s suit had been seen as a major test for Chair Lina Khan, a critic of large tech platforms, as well as of the FTC’s unusual legal theory alleging that Meta’s deal would harm future competition in a rapidly evolving industry.

    According to the reports, the judge in the case also issued a separate order that delays Meta’s ability to close its deal for another week to allow the FTC to decide whether to appeal the ruling.

    A separate challenge to Meta’s deal is ongoing before an in-house administrative law judge at the FTC. That proceeding could continue despite Tuesday’s ruling, but whether agency officials intend to press ahead is unclear.

    [ad_2]

    Source link

  • I’m a parent with an active social media brand: Here’s what you need to check on your child’s social media right now | CNN

    I’m a parent with an active social media brand: Here’s what you need to check on your child’s social media right now | CNN

    [ad_1]

    Editor’s Note: Sign up for CNN’s Stress, But Less newsletter. Our six-part mindfulness guide will inform and inspire you to reduce stress while learning how to harness it.



    CNN
     — 

    If you follow me on Twitter or Instagram, you’ll know I wear a lot of hats: romance author, parent of funny tweenagers, part-time teacher, amateur homesteader, grumbling celiac and the wife of a seriously outdoorsy guy.

    Because I’m an author with a major publisher in today’s competitive market, I’ve been tasked with stepping up my social media brand: participation, creation and all. The more transparent and likable I am online, the better my books sell. Therefore, to social media I go.

    It’s rare to find someone with no social media presence these days, but there’s a marked difference between posting a few pictures for family and friends and actively creating social media content as part of your daily life.

    With a whopping 95% of teens polled having access to smartphones (and 98% of teens over 15), according to an August Pew Research Center survey on teens, social media and technology, it doesn’t look like social media platforms are going away anytime soon.

    Not only are they key social tools, but they also allow teens to feel more a part of things in their communities. Many teens like being online, according to a November Pew Research Center survey on teen life on social media. Eighty percent of the teens surveyed felt more connected to what is happening in their friends’ lives, while 71% felt social media allows them to showcase their creativity.

    So, while posting online is work for me, it’s a way of life for the tweens and teens I see creating and publishing content online. As a parent of two middle schoolers, I know how important social media is to them, and I also know what’s out there. I see the good, the bad and the viral, and I’ve have put together some guidelines, based on what I’ve seen, for my fellow parents to watch for.

    Here are eight questions to ask yourself as you check out your children’s social media accounts.

    If you don’t, it’s time to start. It’s like when I had to look up the term “situationship,” I saw that ignorance is not bliss in this case. Or really any case when it comes to your children. Both of my children have smartphones, but even if your children don’t have smartphones, if they have any sort of device — phone, tablet, school laptop — it’s likely they have some sort of social media account out there. Every app our children wish to add to their smart devices comes through my husband’s and my phone notifications for approval. Before I approve any apps, I’ll read the reviews, run an internet search and text my mom friends for their experience.

    Most tweens and teens use social media for socializing with local friends.

    If I’m still uncertain about an app, I’ll hold off on approving it until I can sit down with my children and ask them why they want it. Sometimes just waiting and forcing a short discussion is enough to convince them they no longer want it. In our household, I avoid any apps that run social surveys, allow anonymous feedback or require the individual to use location services.

    If you don’t have your family phone plan all hooked together with parental controls, I’d advise setting that up ASAP. Because different devices and apps have different ways to monitor and set up parental controls, it’s impossible to link all the options here. However, a quick search will give you exactly the coverage you are comfortable with, including apps that track your child’s text messages and changing the settings on your child’s phone to lock down at a certain time every night.

    The top social media platforms teens use today are YouTube (95% of teens polled), TikTok (67%), Instagram (62%) and Snapchat (59%), according to the Pew Research Center survey on teens and social media tech. Other social media platforms teens use less frequently are Twitter, Reddit, WhatsApp and Facebook. Most notably, Facebook is seeing a significant downturn in teen users. This list isn’t exhaustive, however. I would check out your children’s devices for group chat apps (such as Slack or Discord) and also scroll through their sport or activity apps where group chat capabilities exist.

    I’ve seen preteens and teens using their real names, birthdate, home address, pets’ names, locker numbers or their school baseball team. Any of that information could be used to identify your child and location in real life or using a quick Google search. All of that is an absolute “no” in our house.

    I also tell my kids not to answer the fun surveys and quizzes that invite children to share their unique information and repost it for others to see. These can be useful tools for predators and people trying to steal your children’s identity.

    What I do: I made the choice a long ago to withhold the names of my children and partner. It’s not an exact science, and I know some clever digging could find them. For my husband, it’s for the sake of his privacy and also the protection of his professionalism. Just because he’s married to a romance author doesn’t mean he should have to answer for my online antics, whatever they may be. For my children, I want to avoid anything embarrassing that could be traced back to them during their college application season.

    Even if your children keep their social media profiles private (more on that later), their biographical information, screen name and avatar or profile picture are public information.

    Do an internet search of your child’s name to see what’s out there and scroll through images to make sure there isn’t anything you wouldn’t want to be made public. In our household, I’ve asked my children to use generic items or illustrated avatars in their social media bios.

    What I do: Parents who do have active social media accounts may want to do a search of their own names. When my first book was published in 2019, I did a search of my name and images and found many photos of my children that came directly from my social media pages. I hadn’t posted pictures of them, but I did use a family photo as my profile photo and those are public record. Once I deleted them, the photos disappeared.

    Another “no” in our household is posting videos or photos of our home or bedrooms. Something that feels innocent and innocuous to your middle schooler may not feel that way to an adult seeking out inappropriate content.

    I learned this from one of my children’s Pinterest accounts. My kid loves to create themed videos using her own photos and stock pictures, and she’s gained over 500 followers in a short period of time. She has completely followed our rules and I know, because I check and follow her myself — but it hasn’t stopped the influx of adult men following her content.

    What we do: Over the holidays, I sat with her and went through each follower one by one and blocked anyone we decided was there for the wrong reasons. In the end, we blocked close to 30 adult men on her account. (I also know that some predators cleverly disguise themselves as children or teens, and we may not catch them all, but this is still a worthy exercise.)

    We also talk to our children about how to protect themselves. They wouldn’t want those strangers standing in their bedroom; therefore, they don’t want to post videos of their bedroom or bathroom or classroom for strangers to view.

    This is a tricky one for lots of reasons. For content creators to build their following, they need to remain public on social media. If your child is an entrepreneur or artist hoping to grab attention, locking down their account will prevent that from happening.

    That said, a way around this is to have two accounts. First, a private one, locked down and only used for family and close friends, and second, a public one that lacks identifiers but showcases whatever branding the child is hoping to grow. I’ve come across some well-managed public accounts for children who have giant followings and noticed they are usually run by parents, who state that right in the profile. I like this. If your children want public profiles because they are hoping to catch the attention of a talent scout, having the accounts monitored by a responsible adult who has their best interest in mind is a healthy compromise.

    This is the exception, however. Most tweens and teens today use their social media for socializing with local friends. The benefit of keeping their account as private (or as private as can be) is threefold. It allows them to screen who follows their content, thus preventing our Pinterest fiasco. It prevents strangers from accessing their content and making it viral without their permission. And it protects them from unsolicited contact with strangers.

    Not all social media platforms have the option to make your account “private.” For example, YouTube has parental controls that can be adjusted at any time. TikTok and Instagram can be made private (which means users must approve followers) by making the change in the account settings. Once the account is private, a little padlock will show next to the username.

    Snapchat allows users to approve followers on a case-by-case basis as well as turn off features that disclose a user’s location. Notably, Snapchat also informs users when another user takes a screenshot of their story, which is a feature other social media platforms don’t have yet.

    Most group chat apps don’t have the ability to go private so much as they ask users to approve of follower requests. Take time to discuss with your children who they allow to follow them and what personal information they allow those followers to know. It’s also a great time to teach them the art of “blocking” those individuals who are unsafe or unkind.

    My suggestion is to log in, scroll around and even ask your children to teach you about the platforms they use. Then, when they roll their eyes at you, go ahead and tell them about your first Hotmail email address and the way you picked the perfect emo playlist on your Myspace page … and when they’re bent over laughing, sneak a peek at their follower list. Trust me, it’ll be worth it.

    [ad_2]

    Source link

  • Record $3.8 billion stolen in crypto hacks last year, report says | CNN Business

    Record $3.8 billion stolen in crypto hacks last year, report says | CNN Business

    [ad_1]


    New York
    CNN
     — 

    A record $3.8 billion worth of cryptocurrency was stolen from various services last year, with much of those thefts driven by North Korean-linked hackers, according to a report Wednesday from blockchain analytics firm Chainalysis.

    The increase in crypto heists, from $3.3 billion in 2021, came as the overall market for cryptocurrencies suffered significant declines. The value of Bitcoin, for example, fell by more than 60% last year.

    North Korea was a key driver for the surge in thefts, according to the report. Hackers linked to the country stole an estimated $1.7 billion worth of crytopcurrency through various hacks in 2022, up from $429 million in the prior year, Chainalysis said.

    Some of the biggest crypto hacks of the year have since been attributed to North Korea. The FBI has blamed hackers linked to the North Korean government for more than $600 million hack of video game Axie Infinity’s Ronin network in March and a $100 million Harmony, a cryptocurrency firm, in June.

    “North Korea’s total exports in 2020 totalled $142 million worth of goods, so it isn’t a stretch to say that cryptocurrency hacking is a sizable chunk of the nation’s economy,” Chainalysis noted in the report.

    US officials worry Pyongyang will use money stolen from crypto hacks to fund its illicit nuclear and ballistic weapons program. North Korean hackers have stolen the equivalent of billions of dollars in recent years by raiding cryptocurrency exchanges, according to the United Nations.

    In addition to hacking cryptocurrency firms, suspected North Koreans have posed as other nationalities to apply for work at such firms and send money back to Pyongyang, US agencies have publicly warned.

    In general, decentralized finance (DeFi) protocols were the main target of hackers, accounting for more than 80% of all cryptocurrency stolen for the year, according to the report. These protocols are used to replace traditional financial institutions with software that allows users to transact directly with each other via the blockchain, the digital ledger that underpins cryptocurrencies.

    Of the attacks on DeFi systems, 64% targeted cross-chain bridge protocols, which allow users to exchange assets between different blockchains. Bridge services typically hold large reserves of various coins, making them targets for hackers. (The thefts on Axie Infinity and Harmony were both bridge hacks.)

    While crypto hacks continued to rise last year, there is some cause for hope. Law enforcement and national security agencies are expanding their abilities to combat digital criminals, such as the FBI’s recovery of $30 million worth of cryptocurrency stolen in the Axie Infinity hack.

    Those efforts, combined with other agencies cracking down on money laundering techniques, “means that these hacks will get harder and less fruitful with each passing year,” according to Chainalysis.

    [ad_2]

    Source link

  • ChatGPT creator rolls out ‘imperfect’ tool to help teachers spot potential cheating | CNN Business

    ChatGPT creator rolls out ‘imperfect’ tool to help teachers spot potential cheating | CNN Business

    [ad_1]



    CNN
     — 

    Two months after OpenAI unnerved some educators with the public release of ChatGPT, an AI chatbot that can help students and professionals generate shockingly convincing essays, the company is unveiling a new tool to help teachers adapt.

    OpenAI on Tuesday announced a new feature, called an “AI text classifier,” that allows users to check if an essay was written by a human or AI. But even OpenAI admits it’s “imperfect.”

    The tool, which works on English AI-generated text, is powered by a machine learning system that takes an input and assigns it to several categories. In this case, after pasting a body of text such as a school essay into the new tool, it will give one of five possible outcomes, ranging from “likely generated by AI” to “very unlikely.”

    Lama Ahmad, policy research director at OpenAI, told CNN that educators have been asking for a ChatGPT feature like this, but warns it should be “taken with a grain of salt.”

    “We really don’t recommend taking this tool in isolation because we know that it can be wrong and will be wrong at times – much like using AI for any kind of assessment purposes,” Ahmad said. “We are emphasizing how important it is to keep a human in the loop … and that it’s just one data point among many others.”

    Ahmad notes that some teachers have referenced past examples of student work and writing style to gauge whether it was written by the student. While the new tool might provide another reference point, Ahmad said “teachers need to be really careful in how they include it in academic dishonesty decisions.”

    Since it was made available in late November, ChatGPT has been used to generate original essays, stories and song lyrics in response to user prompts. It has drafted research paper abstracts that fooled some scientists. It even recently passed law exams in four courses at the University of Minnesota, another exam at University of Pennsylvania’s Wharton School of Business and a US medical licensing exam.

    In the process, it has raised alarms among some educators. Public schools in New York City and Seattle have already banned students and teachers from using ChatGPT on the district’s networks and devices. Some educators are now moving with remarkable speed to rethink their assignments in response to ChatGPT, even as it remains unclear how widespread use is of the tool among students and how harmful it could really be to learning.

    OpenAI now joins a small but growing list of efforts to help educators detect when a written work is generated by ChatGPT. Some companies such as Turnitin are actively working on ChatGPT plagiarism detection tools that could help teachers identify when assignments are written by the tool. Meanwhile, Princeton student Edward Tuan told CNN more than 95,000 people have already tried the beta version of his own ChatGPT detection feature, called ZeroGPT, noting there has been “incredible demand among teachers” so far.

    Jan Leike – a lead on the OpenAI alignment team, which works to make sure the AI tool is aligned with human values – listed several reasons for why detecting plagiarism via ChatGPT may be a challenge. People can edit text to avoid being identified by the tool, for example. It will also “be best at identifying text that is very similar to the kind of text that we’ve trained it on.”

    In addition, the company said it’s impossible to determine if predictable text – such as a list of the first 1,000 prime numbers – was written by AI or a human because the correct answer is always the same, according to a company blog post. The classifier is also “very unreliable” on short texts below 1,000 characters.

    During a demo with CNN ahead of Tuesday’s launch, ChatGPT successfully labeled several bodies of work. An excerpt from the book “Peter Pan,” for example, was deemed “unlikely” to be AI generated. In the company blog post, however, OpenAI said it incorrectly labeled human-written text as AI-written 5% of the time.

    Despite the possibility of false positives, Leike said the company aims to use the tool to spark conversations around AI literacy and possibly deter people from claiming that AI-written text was created by a human. He said the decision to release the new feature also stems from the debate around whether humans have a right to know if they’re interacting with AI.

    “This question is much bigger than what we are doing here; society as a whole has to grapple with that question,” he said.

    OpenAI said it encourages the general public to share their feedback on the AI check feature. Ahmad said the company continues to talk with K-12 educators and those at the collegiate level and beyond, such as Harvard University and the Stanford Design School.

    The company sees its role as “an educator to the educators,” according to Ahmad, in the sense that OpenAI wants to make them more “aware about the technologies and what they can be used for and what they should not be used for.”

    “We’re not educators ourselves – we’re very aware of that – and so our goals are really to help equip teachers to deploy these models effectively in and out of the classroom,” Ahmad said. “That means giving them the language to speak about it, help them understand the capabilities and the limitations, and then secondarily through them, equip students to navigate the complexities that AI is already introducing in the world.”

    [ad_2]

    Source link

  • Apple is the only US tech giant to have avoided significant layoffs. Will it last? | CNN Business

    Apple is the only US tech giant to have avoided significant layoffs. Will it last? | CNN Business

    [ad_1]



    CNN
     — 

    In less than three months, four of the big five US tech companies have cut tens of thousands of employees combined, shattering myths about the industry’s seemingly unstoppable growth in the process.

    But there has been one notable exception: Apple.

    To date, Apple

    (AAPL)
    has not announced any substantial cuts, thanks in part to slower headcount growth than some of its peers during the pandemic and continued demand for its core products. Some analysts think more modest cost cuts could be coming, however.

    The iPhone maker is set to report earnings results for the final three months of 2022 on Thursday after the bell. It is expected to post a rare year-over-year decline in revenue.

    While these expectations show the strain Apple’s business is under, Wedbush Securities’ Dan Ives said in a note this week that pent-up demand for upgrading iPhones remains strong. “Apple will likely cut some costs around the edges, but we do not expect mass layoffs from Cupertino this week,” Ives wrote.

    Tom Forte, a senior research analyst at DA Davison, agreed there will be staff reductions, but likely not as drastic as those at other large tech companies. “Apple will cut headcount,” he said in a recent interview on Bloomberg TV, but suggested the cuts would come through attrition or reductions at the retail level.

    “While they haven’t done so yet, like everyone else, they will adjust their headcount for the current level of demand,” he said.

    Fueled by a surge in demand for digital products earlier in the pandemic, Big Tech went on a massive hiring spree.

    Amazon

    (AMZN)
    and Meta each doubled their headcount between the third quarter in 2019 and the third quarter 2022, according to data shared in the companies’ securities filings. Alphabet, meanwhile, grew its headcount 64% during that time, and Microsoft grew its staff by more than 50% over approximately the same period.

    Apple, by comparison, grew its headcount by a more modest 20%. As of September 2022, Apple said it had approximately 164,000 full-time employees.

    Many tech CEOs, with varying degrees of remorse, have blamed over-hiring in the early days of the pandemic for the mass layoffs now. As pandemic restrictions eased last year, the demand for digital services shifted back toward pre-pandemic levels. Inflation pinched consumer and business spending, and rising interest rates evaporated the easy money tech companies had tapped into. And one-by-one, amid the whiplash, household names in Silicon Valley began announcing widespread layoffs to adjust to the new environment.

    While Apple has not announced layoffs, its business has been strained in other ways. Like other Big Tech companies, it has faced threats of antitrust action in the United States and EU. Earlier this month, Apple also said CEO Tim Cook had agreed to a massive pay cut this year, following a shareholder vote on his compensation package after its stock fell about 27% in 2022.

    As consumer spending tightened, global smartphone shipments plunged 18% in the fourth quarter of 2022, according to market research firm Canalys. Apple’s business also faced supply chain hurdles linked to China’s Covid lockdowns and unrest that hit a key production site in Zhengzhou, China late last year.

    Still, Apple’s business is weathering the downturn better than some of its fellow tech giants. In its most-recent earnings report, the company reported sales grew 8% year-over-year and that the company hit a September quarter revenue record for iPhone.

    Thursday’s earnings results will show whether Apple can keep defying gravity.

    “Apple continues to innovate with high-quality, industry-leading products supported by a powerful digital platform,” analysts at Monness, Crespi and Hardt wrote in an investor note Tuesday. “However, regulatory headwinds persist and we believe the darkest days of this downturn are ahead of us.”

    [ad_2]

    Source link

  • Apparent cyberattack forces Florida hospital system to divert some emergency patients to other facilities | CNN Politics

    Apparent cyberattack forces Florida hospital system to divert some emergency patients to other facilities | CNN Politics

    [ad_1]



    CNN
     — 

    An apparent cyberattack has forced a network of Florida health care organizations to send some emergency patients to other facilities and to cancel some non-emergency surgeries, the health care network said Friday.

    Tallahassee Memorial HealthCare, which operates a 772-bed hospital and multiple specialty care centers, said an “IT security issue” late Thursday night forced it to take down its computer system.

    “We are also diverting EMS [emergency medical services] patients and will only be accepting Level 1 traumas from our immediate service area,” the hospital system said in a statement. Level 1 trauma refers to the most acute injuries and illnesses.

    Tallahassee Memorial HealthCare spokesperson Tori Lynn Schneider told CNN “some” emergency patients were being diverted to facilities outside of the organization’s network, but declined to say how many patients. All non-emergency and elective procedures scheduled for Monday were canceled because of the hacking incident, Schneider said.

    It’s the latest in a series of cyberattacks that have continued to hit resource-strapped US health care providers in the nearly three years of the Covid-19 pandemic. In another case, hackers accessed the personal data of nearly 270,000 patients in an attempted ransomware attack on a Louisiana health care system in October.

    The FBI last month shut down the computer infrastructure used by a notorious ransomware gang to attack multiple US hospitals, according to the bureau. But the threat remains as multiple ransomware groups are known to target the health sector.

    It’s unclear who was responsible for the apparent hack of Tallahassee Memorial. Tallahassee Memorial did not specify whether it had suffered a ransomware attack, but the organization’s statement described activity, including the need to shut down computer networks, consistent with a ransomware attack.

    Staff have been unable to access digital patient records and lab results because of the shutdown, a hospital source told CNN.

    Mark O’Bryant, Tallahassee Memorial’s CEO, notified staff in person Friday morning that the system had suffered a “cyberattack,” according to the source.

    “To help us contain the issue, please completely turn off all PCs connected to TMH’s network immediately and leave them off until notified otherwise,” Tallahassee Memorial leadership said in a memo sent to employees Friday morning and obtained by CNN.

    Max Henderson, a Tallahassee native and cybersecurity specialist who focuses on health care, said the effects of a shutting down a hospital’s computer network can last for weeks or months.

    “Immediate, unplanned shutdowns can lead to a loss of recently gathered data regarding diagnosis, clinical notes, shift handovers and other various setbacks for the medical staff,” Henderson, who is senior manager for incident response at security firm Pondurance, told CNN.

    “Nearly all hospitals rely on the internet for connectivity with vendors and remote offices for processing information in critical departments such as radiology, pharmacy, medical device maintenance, patient document scanning and payment processing,” Henderson added.

    [ad_2]

    Source link

  • A first generation iPhone going up for auction hopes to fetch $50,000 | CNN Business

    A first generation iPhone going up for auction hopes to fetch $50,000 | CNN Business

    [ad_1]


    New York
    CNN
     — 

    An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated value of $50,000.

    Originally on sale for $599, the first iPhone offered early Apple adopters a 3.5-inch screen with a 2-megapixel camera, plus 4 GB and 8 GB storage options, internet capabilities and iTunes. It had no app store, ran on a 2G network and was exclusive to AT&T’s network.

    Cosmetic tattoo artist Karen Green was gifted the 8 GB version and never broke the seal, according to her appearance on daytime television program “The Doctor & The Diva” in 2019. An appraiser on the show valued the phone at $5,000 at that time.

    Since then, another unopened first-generation iPhone like Green’s auctioned off for over $39,000 in a listing by LCG Auctions that closed in October. LCG Auctions is also listing Green’s phone, with bidding opening at $2,500.

    Green and LCG Auctions did not immediately respond to CNN’s request for comment.

    The iPhone changed the way billions of people around the world communicate, make payments, do their jobs, take photos and even how they wake up in the morning. It killed dozens of industries (camcorders, MP3 players, flip phones) and gave life to many more.

    Speaking at Apple’s annual Macworld expo in 2007, then-Apple boss Steve Jobs opened his presentation with: “We’re going to make some history together today.” Jobs called the new smartphone a “revolutionary mobile phone” that will feature an iPod, phone and what he called an “Internet communicator.”

    “It’s bad out there today,” said Jobs of mobile Web browsers. “It’s a real revolution to bring real Web browsing to a phone.”

    Apple enthusiasts will have until February 19 to bid on the tech relic.

    [ad_2]

    Source link

  • Democratic senator urges Apple and Google to ban TikTok from their app stores | CNN Business

    Democratic senator urges Apple and Google to ban TikTok from their app stores | CNN Business

    [ad_1]


    Washington
    CNN
     — 

    A member of the Senate Intelligence Committee is calling on Apple and Google to remove TikTok from their app stores over concerns about national security, in the latest indication of mounting scrutiny on the short-form video app from members of Congress.

    In a letter sent to the two tech giants on Thursday, Colorado Democratic Sen. Michael Bennet calls TikTok “an unacceptable threat to the national security of the United States” and cites the same concerns that have prompted the federal government and more than half of US states to restrict TikTok from official devices and networks.

    Writing to Apple CEO Tim Cook and Google CEO Sundar Pichai, Bennet highlighted fears that China could use its national security laws to force TikTok or its parent, ByteDance, to hand over the personal information of the app’s US users. The laws in question, Bennet wrote, require organizations in the country to “cooperate with state intelligence work” and to allow the government to access company resources. ByteDance’s founder is Chinese and the company has offices in China. TikTok has also disclosed to European users that their data may be accessed by employees based in China.

    China could potentially try to shape what US users see on the app, Bennet warned, with possible implications for foreign policy and democracy.

    “We should accept the very real possibility that [China] could compel TikTok, via ByteDance, to use its influence to advance Chinese government interests,” Bennet wrote, “for example, by tweaking its algorithm to present Americans content to undermine U.S. democratic institutions or muffle criticisms” of China’s handling of Hong Kong, Taiwan or ethnic minorities.

    Apple, Google and TikTok didn’t immediately respond to a request for comment. TikTok CEO Shou Zi Chew is expected to testify before a House committee in March to discuss the company’s data security practices.

    There is no evidence that the type of spying or manipulation US officials fear has actually occurred, but security experts have warned that it is a possibility.

    TikTok has denied that it would ever hand over US user data to the Chinese government. It has increasingly moved to wall off its US operations from the rest of its business, technologically and organizationally — part of what the company has described as a good-faith effort to address the national security concerns.

    TikTok has also spent years negotiating a potential national security deal with the US government that would seek to resolve some of the concerns, but the talks have been mired by delays, leading to frustration among some members of Congress. In recent months, multiple US lawmakers have introduced bills that would ban TikTok from all US devices, including personal ones.

    Some other US officials have also called on Apple and Google to voluntarily remove TikTok from their app stores.

    Last year, Brendan Carr, a commissioner at the Federal Communications Commission, wrote a letter to the companies urging them to de-list TikTok. The FCC does not regulate app stores, but Carr has said that his agency’s experience dealing with Chinese telecom companies has informed his views on the matter. The FCC has moved to block Chinese firms including Huawei and ZTE from the US market, over fears that their wireless networking equipment could be used to collect information on US communications.

    Although the leading members of the Senate Intelligence Committee, Virginia Democrat Mark Warner and Florida Republican Marco Rubio, have also been outspoken critics of TikTok, the two lawmakers had not been invited to co-sign Bennet’s letter before it was sent, according to a spokesperson for Bennet. Rubio is an author of one of the bills seeking to ban TikTok from the United States, while Warner has said he would prefer to see a bill that targets a broader category of worrisome apps, rather than a single app such as TikTok.

    [ad_2]

    Source link

  • Apple and Google’s app stores wield ‘gatekeeper’ power and should be reined in, Commerce Department says | CNN Business

    Apple and Google’s app stores wield ‘gatekeeper’ power and should be reined in, Commerce Department says | CNN Business

    [ad_1]


    Washington
    CNN
     — 

    The Biden administration on Wednesday took its biggest swipe yet at app stores run by Apple and Google, with a new report accusing the two tech giants of exercising “gatekeeper” power that has led to “suboptimal” levels of competition in digital markets.

    The report published by the Commerce Department finds that Apple

    (AAPL)
    and Google

    (GOOG)
    “play a significant gatekeeping role by controlling (and restricting) how apps are distributed,” and that the various fees and rules they impose on app developers has created an uneven playing field.

    “All of these factors translate to potential losses for consumers: prices that are inflated due to the fees collected by gatekeepers, innovation that is hampered by policy decisions to limit access to smartphone capabilities, and the loss of choice of apps that are not featured or even accessible for smartphone users,” the report said.

    Adobe Stock

    The 48-page report throws the White House’s weight behind mounting public criticism of dominant app stores, which in recent years has led to multiple private lawsuits against Apple and Google as well as investigations by antitrust regulators in Europe and reports of a probe by the Justice Department.

    In a statement, Apple said its app store has benefited developers and supports hundreds of thousands of jobs. In the past, Apple has argued that its control over iOS app distribution helps promote users’ privacy and security.

    “We respectfully disagree with a number of conclusions reached in the report, which ignore the investments we make in innovation, privacy and security,” an Apple spokesperson said, “all of which contribute to why users love iPhone and create a level playing field for small developers to compete on a safe and trusted platform.”

    Google has said its Android operating system, unlike Apple, allows for competing app stores.

    “We disagree with how this report characterizes Android, which enables more choice and competition than any other mobile operating system,” a Google spokesperson said. “[The report] recognizes the importance of interoperability, multiple app stores and sideloading, which Android’s open system already supports – all while ensuring privacy and security.”

    Wednesday’s report, published by a Commerce Department office charged with advising the president on technology issues, does not launch a regulatory process. Instead, it provides policy recommendations, such as limits on the apps Apple and Google can pre-install or set as defaults on their respective operating systems, or giving users the right to install apps from any source.

    The report also called for boosting budgets for US antitrust enforcers; a ban on some app store restrictions surrounding in-app payments; and a federal privacy law establishing clear standards for data privacy.

    Many of the report’s recommendations echo provisions in federal legislation that received bipartisan support last Congress, but that failed to become law.

    The findings had been informed by public comments submitted to the Department in the months leading up to the report.

    [ad_2]

    Source link

  • Ransomware attack closes schools in Nantucket | CNN Politics

    Ransomware attack closes schools in Nantucket | CNN Politics

    [ad_1]



    CNN
     — 

    A ransomware attack forced the closure Tuesday of four public schools serving 1,700 students on the island of Nantucket, Massachusetts, the school district’s superintendent said in an email to parents.

    The hacking incident shut down all student and staff devices, as well as safety and security systems at Nantucket Public Schools, forcing an early dismissal at noon on Tuesday, Superintendent Elizabeth Hallett said in the email, which she shared with CNN.

    The news came as Tucson Unified School District (TUSD), which calls itself the largest pre-K-12 school district in southern Arizona, also suffered a ransomware attack in recent days, according to local news reports. Representatives of TUSD did not respond to emails seeking comment. There was no evidence that the two incidents were related.

    Ransomware – malicious software that locks computers and holds them for ransom – has for years plagued US schools and other organizations that can be short on money and personnel to defend themselves from hacks.

    The hacks often force schools to temporarily close, further disrupting learning during the coronavirus pandemic. The lack of cybersecurity budgeting at primary schools is a “major constraint to implementing effective cybersecurity programs across all K–12 entities,” the federal US Cybersecurity and Infrastructure Security Agency warned in a report this month.

    Nantucket Public Schools includes an elementary, middle and high school, and serves Nantucket, which is about 30 miles south of Cape Cod, Massachusetts.

    Athletic events at the school were still scheduled to proceed. “No school issued devices should be used at home until further notice, as it could compromise home networks,” Hallett said in her email to parents.

    “We do not have any updates yet on when we will return,” Hallett told CNN in a separate email.

    There have already been five ransomware attacks on US school districts in January, according to a tally from Brett Callow, threat analysts at cybersecurity firm Emsisoft. Forty-five US school districts operating 1,981 schools were hit by ransomware in 2022, according to Emsisoft.

    A year ago, New Mexico’s largest public school district had to close temporarily after a cyberattack hit computer systems that could affect learning and student safety.

    “The ransomware attacks on school districts across the country are a stark reminder that as a country we need to ensure our citizens are cyber literate,” Kevin Nolten, vice president of Cyber Innovation Center, a not-for-profit supported by federal grant money that promotes cybersecurity curricula in K-12 schools, told CNN.

    “Cybersecurity education is a national security issue and we must educate our country on protecting our most critical infrastructure from malicious attacks,” Nolten said in an email pointing to the high demand for cybersecurity skills in the workforce.

    [ad_2]

    Source link

  • New US ransomware strategy prioritizes victims but could make it harder to catch cybercriminals | CNN Politics

    New US ransomware strategy prioritizes victims but could make it harder to catch cybercriminals | CNN Politics

    [ad_1]


    Washington
    CNN
     — 

    US and European law enforcement’s disruption last week of a $100-million ransomware gang is the clearest public example yet of a new high-stakes strategy from the Biden administration to prioritize protecting victims of cybercrime – even if it means tipping off suspects and potentially make it harder to arrest them.

    The extent to which the FBI and Justice Department can carry out similar operations on other ransomware groups – and get the balance right between when to collect intelligence on hackers’ operations and when to shut down computer networks – could affect how acute the threat of ransomware attacks is to US critical infrastructure for years to come.

    In the case revealed last week, the FBI says it had extraordinary access for six months to the computer infrastructure of a Russian-speaking ransomware group known as Hive, which had extorted more than $100 million from victims worldwide, including hospitals. That covert access, officials said, allowed the FBI to pass “keys” to victims so that they could decrypt their systems and thwart $130 million in ransom payments.

    Justice officials are still trying to arrest the people behind Hive and know where some of them are located, a senior Justice Department official told CNN. But sometimes waiting for an arrest before seizing hacking infrastructure “may mean waiting for a very long time – perhaps an unacceptably long time,” the official said in an interview granted on the condition of anonymity to discuss the case.

    The decision to go public with a splashy news conference, fronted by FBI Director Christopher Wray and Attorney General Merrick Garland, before making any arrests is evidence of a new approach to ransomware attacks which cost the US hundreds of millions of dollars, if not billions, annually.

    The strategy shift toward doing more to help victims of cybercrime – announced a year ago – is loosely based on the US government’s approach to counterterrorism, which centers around disrupting plots and thwarting attacks.

    “I was preparing for this to be public long, long ago and was kind of surprised that we were able to do this for this long,” the senior Justice Department official said of US officials’ covert access to Hive computer servers.

    After multiple ransomware attacks hobbled US critical infrastructure firms in 2021, pressure grew on US law enforcement from Congress, the White House and the public to do more to disrupt the hackers’ operations.

    Still, the FBI announcement raised questions about why the bureau decided to go public with the action now rather than continuing to lurk in the Hive hackers’ networks and collect intelligence. And it is possible or even likely, US officials concede, that Hive’s operators will set up new infrastructure to try to resume their extortion attempts.

    One law enforcement source told CNN the timing made sense because US officials may have exhausted the intelligence they were going to glean from Hive’s servers.

    The senior Justice Department official explained the decision this way: “We saw significant value in the reputational damage we were going to incur against Hive by announcing this.”

    Like in other businesses, customers of ransomware gangs have a choice of who they buy hacking tools from. One goal of the operation, the senior Justice official said, was to “discredit” Hive in the eyes of other ransomware criminals and have a psychological effect on their operations.

    “Other [ransomware] groups will watch this and have to spend more time and money securing their infrastructure,” said Bill Siegel, CEO of Coveware, a cybersecurity firm that works closely with victims and the FBI.

    The spate of significant ransomware attacks in the US in 2021 brought more scrutiny to how quickly the FBI and its partners can mitigate the impact the attacks.

    After a July 2021 ransomware attack on a Florida-based software firm compromised up to 1,500 businesses, multiple US government agencies, including the FBI, deliberated about how and when to get the decryptor to victims. At least one victim organization, a Maryland tech firm, complained that they could have used the decryption key earlier to save on recovery costs, the Washington Post reported.

    US officials weigh a number of factors when considering law enforcement operations to disrupt cybercriminal groups, a senior FBI official told CNN, including how the disruption will impact the broader cybercriminal ecosystem, how the FBI can help victims of the hackers recover, and the long-term “pursuit of justice” for the victims.

    “Each case is different as far as what access [to the hackers’ infrastructure] looks like … what can be done quietly versus noisily,” the senior FBI official said. “Those all go into it.”

    John Riggi, a former senior FBI official who is now national adviser for cybersecurity and risk at the American Hospital Association, applauded the disruption of Hive and hoped the crackdown on ransomware groups would continue. But ransomware attacks on health care organizations will likely continue as long as the hackers are getting paid off and are willing to tolerate the risk of carrying out the attacks, Riggi said.

    Some cybercriminals “still view their attacks on hospitals as primarily data and financially motivated,” he told CNN.

    One lingering problem for the FBI: Not enough victims are reporting ransomware attacks, leaving the bureau in the dark about the scope of the threat. Just 20% of Hive’s victim reported an incident to the FBI, Director Christopher Wray said last week.

    “I still think that people have concerns that when they call the FBI that we’re going to come in with coats and we’re going to take their servers and they’re going to lose control of their business,” the senior FBI official told CNN. “And that’s so far from the truth, but most people are not interacting with the FBI on a daily basis.”

    [ad_2]

    Source link

  • Samsung profits sink to 8-year low as smartphone and PC demand drops | CNN Business

    Samsung profits sink to 8-year low as smartphone and PC demand drops | CNN Business

    [ad_1]


    Hong Kong
    CNN
     — 

    Samsung’s quarterly profits have plunged to their lowest level in eight years as customers snapped up fewer cell phones and laptops.

    The tech giant reported operating profit of 4.3 trillion Korean won ($3.5 billion) on Tuesday for the three months ended December, down 69% from a year ago. Revenue fell 8% to just under 70.5 trillion won ($57.3 billion), it said in a statement.

    It was the company’s weakest quarterly profit since the third quarter of 2014, when its smartphone business lost serious ground to competitors.

    “The business environment deteriorated significantly in the fourth quarter due to weak demand amid a global economic slowdown,” Samsung noted in the statement.

    The dreary results were anticipated. Samsung

    (SSNLF)
    had flagged the lackluster performance in a pre-earnings forecast earlier this month, with analysts citing falling memory chip prices and fewer orders of consumer devices.

    In a presentation to investors, the electronics maker confirmed that “mobile and PC demand was weak,” and its memory chip business had also suffered “as customers continued to adjust their inventories amid deepening uncertainties.”

    Samsung expects some of those problems to continue in the coming months due to global economic uncertainty, though it anticipates overall demand to start recovering in the second half of the year.

    Smartphone demand will likely slide again this quarter compared to the same period a year ago, “due to the economic slowdown in major regions,” it said.

    Samsung’s shares dropped 3% in Seoul on Tuesday.

    There were some bright spots. Samsung said it took in 302.2 trillion won ($245.7 billion) in revenue for the full year of 2022, up from 279.6 trillion won ($227.4 billion) in 2021, and a record high.

    Analysts have said, however, that they expect the company’s profits to drop again this quarter because of a continued decline in memory chip prices.

    [ad_2]

    Source link

  • ASML says ‘rules are being finalized’ on chip export controls to China | CNN Business

    ASML says ‘rules are being finalized’ on chip export controls to China | CNN Business

    [ad_1]


    Hong Kong
    CNN
     — 

    ASML, a Dutch maker of semiconductor equipment, says “rules are being finalized” on export controls, amid reports that the Netherlands and Japan have joined the United States in restricting sales of some computer chip machinery to China.

    “It is our understanding that steps have been made towards an agreement between governments which, to our understanding, will be focused on advanced chip manufacturing technology, including but not limited to advanced lithography tools,” the company told CNN late Friday in response to questions about export controls to China.

    “Before it will come into effect it has to be detailed out and implemented into legislation which will take time.”

    ASML is known for its prowess in making lithography machines, which uses light to print patterns on silicon. The firm says that step is crucial in the mass production of microchips.

    The company’s response came as Bloomberg, the Wall Street Journal and the Financial Times reported over the weekend that the United States had persuaded the Netherlands and Japan to agree to curb exports of certain chipmaking equipment to China, citing anonymous sources.

    A deal was reached at the White House on Friday, though it was not officially announced, partly due to “concerns by Japan and Netherlands about potential retaliation by China,” according to the Journal, which cited a person familiar with the matter.

    Bloomberg reported that the deal “would extend some export controls the US adopted in October” to Dutch and Japanese companies, including ASML

    (ASML)
    , Nikon

    (NINOY)
    and Tokyo Electron.

    The Biden administration had banned Chinese companies from buying advanced chips and chipmaking equipment without a license. It also restricted the ability of American citizens to provide support for the development or production of chips at certain manufacturing facilities in China.

    The White House did not immediately respond to a request for comment outside US business hours. Nikon and Tokyo Electron declined to comment.

    On Saturday, Japan’s Economy and Trade Minister Yasutoshi Nishimura told reporters that he would “refrain from commenting on diplomatic negotiations.”

    Asked about the three-way talks in Washington, Nishimura said “we would like to respond appropriately while taking into consideration the regulatory trends in each country.”

    Because of its dominance in the market, ASML has been cited by experts as a bellwether of the growing rift between China and the West over access to advanced technology.

    In recent months, the Dutch government has faced pressure from the United States to limit chip-related exports to China, particularly from ASML, according to Xiaomeng Lu, director of geo-technology at the Eurasia Group.

    In its Friday statement, the company said that based on what has been said by government officials and current market conditions, it did not expect any material impact on its financial projections for 2023.

    But ASML said its knowledge of the new rules was still limited, making it difficult to map out “the medium and long-term financial, organizational and global industry-wide impact of new export control rules.”

    “While these rules are being finalized, ASML will continue to engage with the authorities to inform them about the potential impact of any proposed rule in order to assess the impact on the global semiconductor supply chain,” it said.

    It noted that it mainly sold “mature” products to China, and its most advanced lithography technology had already been restricted since 2019.

    Those machines had been prohibited from being sent to China because the Dutch government had “refused to grant it a license under US pressure,” Lu previously told CNN.

    — CNN’s Emiko Jozuka contributed to this report.

    [ad_2]

    Source link

  • Manhunt continues for ‘extremely dangerous’ kidnapping suspect who may be using dating apps to evade capture, police say | CNN

    Manhunt continues for ‘extremely dangerous’ kidnapping suspect who may be using dating apps to evade capture, police say | CNN

    [ad_1]



    CNN
     — 

    A sweeping multi-day manhunt continues for a suspect accused of brutally beating and kidnapping a woman in Oregon who remains in critical condition, according to police.

    While Benjamin Obadiah Foster, 36, has evaded capture since Tuesday, police say he is still active on dating apps. The Grants Pass Police Department warns he may be using the apps to find potential new victims or manipulate them into helping him escape.

    State and local investigators have been working “around the clock” to find Foster, who is wanted on suspicion of attempted murder, kidnapping and assault, Grants Pass Police Chief Warren Hensman has said.

    Investigators have been searching for Foster since Tuesday after they found a woman bound and beaten into unconsciousness in a residence in Grants Pass, police said. The suspect, identified by investigators as Foster, had already fled by the time police arrived, the department said.

    Prosecutors accuse Foster of trying to kill the victim while “intentionally torturing” her, according to charging documents obtained by CNN affiliate KDRV. Hensman said Thursday that the victim had been enduring the alleged abuses for a “protracted amount of time.”

    “I’m disgusted by what I know happened. This was an evil act,” Hensman said Thursday.

    The victim was brought to a local hospital where she remains in critical condition, police said Sunday. As of Thursday, police were providing security for the victim, according to Hensman.

    Police said Foster “likely received assistance in fleeing the area.” A 68-year-old woman has been arrested for “Hindering Prosecution” as authorities searched for Foster, the department has said.

    Police are urging the public to send in tips on the suspect’s whereabouts or any potential sightings. In a statement Sunday, the department said people should pay particular attention to his eyes and facial structure, as they believe he may try to alter his appearance by changing the cut or color of his hair and beard.

    In the statement, police said people should not approach the “extremely dangerous suspect” and should instead call 911 immediately. Authorities have said Foster could be armed.

    The department has set up a tip line and is offering a $2,500 reward for information leading to Foster’s capture and prosecution.

    “This is an all hands on deck operation and we won’t rest until we capture this man,” Hensman said on Thursday.

    During a Thursday press conference, Hensman said he is “troubled” by Foster’s history of domestic violence and assault charges, which are detailed in court records.

    Between 2017 and 2019, Foster was charged in two separate cases in which he was accused of attacking women in Las Vegas, according to Clark County court records.

    In the first case, Foster was charged with felony battery constituting domestic violence, the records show. Foster’s ex-girlfriend testified in a preliminary hearing that he tried to strangle her on Christmas Eve of 2017 after he saw that another man had texted her.

    While that case was still pending, Foster was charged with felony assault, battery and kidnapping for alleged abuses against his then-girlfriend in 2019, according to charging documents.

    The victim told police “Foster strangled (her) to the point of unconsciousness several times” and kept her tied up for most of the next two weeks. She said she was only able to escape after convincing Foster they needed to go shopping for food and water, and ran away when he got out of the car to let their dog use the bathroom, the court records show.

    The woman was able to run through a store and into a nearby apartment complex, where somebody offered to take her to a hospital, according to a Las Vegas police report. There, she was found to have seven broken ribs, two black eyes and abrasions to her wrists and ankles from being tied up, the report said.

    Foster accepted plea deals in both cases. In the first case, he was sentenced to a maximum of 30 months in prison but given credit for 729 days served.

    [ad_2]

    Source link